FAQs

Am I eligible for Shared Ownership?

A: You can buy your home with Shared Ownership if you meet the following:

You are a British or EU/EEA citizen, have indefinite leave to remain in the UK, or if you don't have indefinite leave to remain, you are able to demonstrate that you can raise a mortgage with an acceptable lender

You are a first-time buyer or newly forming household

You are aged 18 or over

You have sufficient savings in addition to your deposit to cover the cost of legal fees and mortgage arrangement

You do not own another property, either in the UK or overseas (unless a court order forces you to remain on the deeds of a property where your children reside)

If you're already a homeowner and want to buy with Shared Ownership, you'll need to have a buyer for your current property before applying.